| In the section | Articles |
| Title of the article | Natural Resource Systems and their Impact on the Economic Development of Ukraine |
| Pages | 135-143 |
| Author 1 | Oksana Vladimirovna Sakal Candidate Economics, Senior Researcher. State Institution «Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine» 60 Taras Shevchenko Boulevard, Kiev, Ukraine, 01032 This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Author 2 | Natalia Antonovna Tretiak Candidate Economics, Junior Researcher. State Institution «Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine» 60 Taras Shevchenko Boulevard, Kiev, Ukraine, 01032 This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Abstract | To assess the impact of natural resource systems (natural resources in general, land and forestry in particular) on the development of Ukraine’s economy the authors calculated the separate elasticity of growth factors, which are the labor (number of employees), physical capital (value of fixed assets) and natural capital. All results are based on the Cobb - Douglas production function in logarithmic form. Depending on the influence level of the functioning effects of natural resource systems (high, medium, low) the authors divided Ukraine’s regions into three groups. This impact assessment of integrated resource potential (natural resource systems) gives a more optimistic result than the results of its components (land and forestry complexes). In the first case there are 6 regions in the group with low impact, whereas in the second case - 10 and 14 regions, respectively. |
| Code | 330.15:332.142.4 |
| DOI | 10.14530/se.2015.1.135-143 |
| Keywords | ♦ еffects evaluation ♦ natural resource systems ♦ land complex ♦ forestry complex ♦ region ♦ economy ♦ Ukraine |
| Download | SE.2015.1.135-143.Sakal.pdf |
| For citation | Sakal O.V., Tretiak N.A. Natural Resource Systems and their Impact on the Economic Development of Ukraine. Prostranstvennaya Ekonomika = Spatial Economics, 2015, no. 1, pp. 135-143. DOI: 10.14530/se.2015.1.135-143. (In Russian). |
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